BlazeSwap DeFi protocol launches on Flare (FLR), introduces multi-layer rewards model
With BlazeSwap pools, DeFi enthusasts can enjoy automatic delegation to data providers for Flare's native decentralized price oracle, the Flare Time Series Oracle .
After months of development we've been very happy to see the enthusiasm from Flare's community about the launch of the alpha version of BlazeSwap on the Coston testnet. The speed of the Flare network, its low gas fees and its goal to"connect everything" make it a perfect match with our decentralized exchange. Its full integration with Flare's native components is what the community has been waiting for, in order to demonstrate and fully unlock the network’s potential.
We are thrilled to see Blazeswap integrating Flare’s native data infrastructure to offer a new way of doing DeFi. This is exciting news, not only for BlazeSwap and Flare, but also the broader Web3 and DeFi communities. We look forward to seeing what other innovative products our growing developer base will be able to build using Flare’s native protocols.
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